Global #Hong Kong

Hong Kong's Chief Executive John Lee has announced an ambitious plan to transform the city into a global hub for gold trading.

Hong Kong's ambition to become a global digital finance hub is gaining traction with a new collaboration between UBS Asset Management, Chainlink Labs, and DigiFT.

The Hong Kong Monetary Authority (HKMA) is proceeding with caution as it begins the stablecoin licensing process.

In a move that solidifies Hong Kong’s growing role as a global crypto hub, the University of Hong Kong (HKU) Business School is getting ready to accept Bitcoin and other digital assets for tuition and donations.

Changpeng Zhao (CZ), the founder of Binance, believes that Hong Kong should increase the number of cryptocurrencies available on its licensed exchanges to remain competitive with global crypto hubs like the U.S. and the UAE.

Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui Ching-yu, has officially declared that stablecoins will be treated as payment tools rather than speculative assets.